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Step by Step: How Elon Musk Built His Empire (by Anna Vital)“The next Bill Gates will not build an operating system. The next Larry Page or Sergey Brin won’t make a search engine. Tomorrow’s champions will not win by competing ruthlessly in today’s marketplace. They will escape competition altogether, because their businesses will be unique.”– Peter Thiel in “Zero to One” In the bookZero to One, prominent entrepreneur and investor Peter Thiel shares his vision on what it takes to create an extraordinary company. Specifically, Thiel believes that instead of making incremental upgrades to an existing product or service, a company must aim to do something completely new to avoid ruthless competition. While Thiel has worked with many impressive people over the years, Thiel points to Elon Musk as a particularlysuccessful memberof the Paypal Mafia that has gone “zero to one” many times. THE RÉSUMÉAt only the…

Revillame scraps ABS-CBN contract

From the Philippine Daily Inquirer.

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MANILA, Philippines—Willie Revillame wants out. ABS-CBN says, “No way.”

The controversial TV host Monday said in a press conference that he was rescinding his contract with the network, on account of the shabby treatment it was giving him.

Revillame complained of what he believed were continued violations of the terms of his contract with the Kapamilya station. The TV host is bound by a contract until September 2011 to the Lopez-owned network.

ABS-CBN gave Revillame his biggest break through the daily noontime game show, “Wowowee,” which was recently canceled after more than five years.

In a statement released shortly after Revillame’s press conference in a Quezon City restaurant, the network insisted that it was the TV host who violated “behavioral provisions” of the contract when he threatened management during the May 4 episode of “Wowowee.”

Threat to resign

On that show, Revillame demanded the dismissal of another network talent, radio host Jobert Sucaldito, for criticizing “Wowowee.” Otherwise, Revillame said, he would resign.

The network said this behavior was “generally seen as a display of disrespect and arrogance… unacceptable to the Filipino public.”

“As the one who violated the contract,” the statement noted, “Willie has no right to have it unilaterally invalidated.”

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This guy is the most saddest sack ever. How many times has he been given a chance only to blow it. You would think that for someone who came from humble beginnings to the top of the entertainment industry would have become more mature from all his missteps in the past.

Who else commands a P1 million per episode salary in the industry today? Which entertainer has his own private jet? That's right, nobody but Willie Revillame. But he's not satisfied with that, no, he thinks he's untouchable. But always remember this, no employee is untouchable. In the end, he may make a lot of money, but he's still an employee of ABS-CBN and they have the final say on whether to fire or keep him.

Too bad he's never learned from his mistakes. Money didn't make him smarter, it just magnified his arrogance.

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